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Energy and Utilities Analytics Market Expected to Witness the Highest Growth By 2027 major key companies profiled like Amazon Web Services,Cisco Systems, Inc.,Eaton Corporation,General Electric Company

07-06-2020 10:54 PM CET | Energy & Environment

Press release from: Premium Market Insights

Energy and Utilities Analytics Market Expected to Witness

With the increasing adoption of smart meters to enable two?way communication between companies and customers is significantly driving the growth of the energy and utilities analytics market across the globe. Furthermore, the mounting Rising internet penetration and adoption of IoT devices is creating lucrative opportunities for the energy and utilities analytics market in the forecast period.

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Top Key Companies:
Amazon Web Services,Cisco Systems, Inc.,Eaton Corporation,General Electric Company,IBM Corporation,Microsoft Corporation,Oracle Corporation,SAP SE,Schneider Electric,Siemens AG

The growing investments in digital channels to improve customer experience, processes, and perceived customer value is driving the growth of the energy and utilities analytics market. However, the technological and analytical skills gaps within the existing workforce may restrain the growth of the energy and utilities analytics market. Furthermore, the rising investments in smart grid and advanced metering infrastructure are anticipated to create market opportunities for the energy and utilities analytics market during the forecast period.

The global energy and utilities analytics market is segmented on the basis of component, deployment type, organization size, and applications. On the basis of component, the market is segmented as solutions and services. Based on deployment type the market is fragmented into cloud and on-premises. On the basis of organization size the market is segmented into SMEs and large enterprise. Similarly, based on application, the market is segmented as upstream, midstream, and downstream.

The report analyzes factors affecting energy and utilities analytics market from both demand and supply side and further evaluates market dynamics effecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA and South America after evaluating political, economic, social and technological factors effecting the energy and utilities analytics market in these regions.

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Key question and answered in the report include:

• What will the market size and the growth rate be in 2027?
• What are the key factors driving the Energy and Utilities Analytics Market?
• What are the key market trends impacting the growth of the Energy and Utilities Analytics Market?
• What are the challenges to market growth?
• Who are the key North vendors in the Energy and Utilities Analytics Market?
• What are the market opportunities and threats faced by the vendors in the Energy and Utilities Analytics Market?

Sameer Joshi
Call: US: +1-646-491-9876, Apac: +912067274191
Email: sales@premiummarketinsights.com

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